The Consolidated Group (Income Tax) Rules, 2019 (LN 110 of 2019), were published on 31 May 2019. The rules, which enable a parent company and a 95% subsidiary to form a fiscal unit, come into force with effect from YA 2020 in relation to fiscal units...

In virtue of L.N. 91 of 2019, the Double Tax Treaty between Malta and the Principality of Monaco, as published as a Schedule to Legal Notice 70 of 2019 entered into force on 16 May 2019.

The Malta Institute of Taxation launched its Master Class Series on 25thJuly 2018, with the first session entitled Digitalisation: Is it a Catalyst for International Tax Reform? The MIT Master Class is an interactive discussion forum on select tax topics, led by a local or foreign expert. The Masterclass takes the format...

The Direct Tax Committee of the Malta Institute of Taxation has prepared a Technical Paper on the basis of taxation for individuals...

The Indirect Tax Committee of the Malta Institute of Taxation carried out an analysis of the Malta VAT considerations of transactions involving Distributed Ledger Technology assets. The Technical Paper prepared by the Committee was submitted to the Office of the Commissioner for Revenue in the...

The Direct Tax Committee of the Malta Institute of Taxation has prepared a Technical Paper on the basis of taxation for individuals, examining the motion of ‘residence’ of individuals for tax purposes and with a particular focus on employment income. A copy of the Technical...

The Malta Institute of Taxation has, jointly with the IFSP, submitted a position paper on the EU /commission Proposals for the Taxation of the Digital Economy. A copy of the Position Paper may be downloaded from the Members Area (click here)

The Office of the Commissioner for Revenue has issued Guidelines on the Application of the Use and Enjoyment principle in Item 12 of Part 2 to the Third Schedule to the VAT Act in connection with leasing of pleasure boats. The Guidelines can be accessed...